What exactly is it that makes Hualing FIZ unique?
Hualing Kutaisi Free Industrial Zone with an area of 36 hectares is located near Kutaisi Airport and is being developed by the Chinese company Hualing Group. It provides for:
- the lowest electricity tariffs in the region;
- full exemption from income tax, VAT, dividends, import/export duties and property tax;
- no minimum authorized capital, no restrictions on the number of employees and no state audit;
- Company license and registration is done in just 12–24 hours.
⚡️ FIZ Hualing is officially recognized by the Georgian Customs Service as a FIZ‐territory, which allows importing and exporting goods without paying VAT and duties.
Tax benefits of Hualing FIZ
- Corporate income tax: 0 % instead of 15 % for Georgia.
- VAT: 0 % instead of 18 % in Georgia.
- Customs duties: 0 % instead of 0 / 5 / 12 % in Georgia.
- Dividend tax: 0 % instead of 5 % in Georgia.
- Property tax: 0 % instead of up to 1 % in Georgia.
A fixed tax of 4 % is applied on domestic sales.
Step‐by‐step company registration with Hualing FIZ
- Filling in the online application form on the Hualing FIZ portal and reserving the name (2 hours).
- Preparation of Articles of Association and passports of founders (in English, Russian or Georgian with apostille for foreign companies).
- Signing an agreement with the zone administration using electronic signature.
- Registration in the FIZ register and obtaining a FIZ Enterprise certificate (6–8 hours).
- Opening an account with Bank of Georgia or TBC Digital (1 day).
In total, the process takes only 24 hours for remote registration.
Infrastructure: affordable services for residents
- Ready warehouses from 500 to 5,000 m² at prices starting from 2 USD/m².
- Greenfield development of up to 20,000 m² with build-to-suit option.
- Internal railway line and 95 km to the seaport of Poti.
- Kutaisi airport is 19 km away (export by airmail can be organized).
- Intra-zone customs post works 24 hours a day, clearance takes 2 hours.
Sectors active in FIZ Hualing
- Wood and stone processing: duty‐free import of equipment, inexpensive electricity.
- Furniture and metal fabrication: large warehouses and zero VAT on exports.
- Mattress and textile manufacturing: access to cheap labor.
- E‐commerce fulfillment: 0 % taxes and possibility to export to the EU thanks to DCFTA.
Example of savings calculation
Indicator | Ordinary Georgia | FIZ Hualing |
---|---|---|
Profit before tax | 500 000 USD | 500 000 USD |
Income tax (15%) | 75 000 USD | 0 |
Tax on dividends (5%) | 21 250 USD | 0 |
VAT on raw materials (18%) | 45 000 USD | 0 |
Total savings | — | 141 250 USD per year |
Frequently asked questions about Hualing FIZ
- Is there a requirement for the number of employees?
- No, there is no legal requirement for Hualing FIZ residents to have a certain number of employees.
- Is it possible to rent only an office?
- Yes, office blocks from 20 m² are available; the cost is approximately 4 USD/m².
- Is it possible to engage in crypto‐mining?
- Yes, however a license from the zone and approval of the electricity limit is required.
- How much does it cost for accounting services?
- The cost starts from 1,000 USD per year (for minimal reporting without CIT/VAT).
Conclusion
FIZ Hualing offers businesses in Georgia incomparable advantages: 0 % taxes, cheapest electricity and extremely low CAPEX. There are no minimum capital or staffing requirements. If you need a legal alternative to offshore in Georgia with fast registration and developed infrastructure, FIZ Hualing is the perfect solution.
Register your company with FIZ Hualing in 24 hours
Leave a request and our lawyer will verify the name, prepare documents and execute the license.
- Free 30‐minute consultation.
- Turnkey contract with no hidden fees.
- Opening a bank account and renting a warehouse in 1 day.